	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£14,964	£15,188	£15,416	£15,802	£16,197	£77,567
Total Expenses	£15,240	£15,313	£15,377	£15,457	£15,539	£76,925
Profit Before Tax	£-276	£-124	£40	£345	£658	£642
Profit After Tax	£-276	£-124	£32	£279	£533	£444
Change In Property Value	£4	£7,300	£13,031	£17,340	£12,080	£49,755
Net Return	£-273	£7,176	£13,063	£17,619	£12,613	£50,198
Return From Rental Income (%)	0%	0%	0%	0%	0%	0%
Total Net Return (%)	0%	6%	11%	15%	11%	43%